TOKYO — Myanmar has opened its banking sector to foreign players. Japan’s Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking were among the first to launch branches in the Southeast Asian nation earlier in April.
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TOKYO —Japan on Tuesday ruled out any immediate plan to join the Beijing-backed Asian Infrastructure Investment Bank (AIIB), categorically denying a news report that its ambassador to China said Tokyo is likely to take part.
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By Yann Louvel and Greig Aitken, BankTrack, 13 February 2015.
Global Divestment Day kicks off today, and is set to feature over 400 actions across six continents on Friday and Saturday.
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The Financial Services Agency will allow banks to do business with online shopping firms and companies that manage electronic money, through IT-related subsidiaries, according to sources.
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